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Publication Year:
2025
JEL:
G2
Formats:
DOCX
Basant Kapur
A Re-Consideration of Money Demand Theory
Portfolio models typically ignore precautionary transactions demands for liquid assets, and models of precautionary demands typically ignore asset rate-of-return risk. If...
DOI:10.15456/ger.2025009.1531706605
DOCX
